Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

How to Become a Tax Accountant

Career News August 27, 2013

Few people enjoy the formal paperwork involved with paying their taxes. An increasingly more complex system, with tax breaks and initiatives creating a necessity for a guiding hand, has kept tax accountants in demand by individuals, companies and organizations.

Educational Aims for Tax Accountancy

Although an associate’s degree with some course work in bookkeeping is accepted for seasonal work, or gaining an internship with a firm, becoming a full-time, qualified tax accountant involves earning your CPA. You will need four years of study and the completion of a Bachelor’s Degree in Accounting to receive the credentials for your CPA. The comprehensive examination is divided into four sections, some states allow up to eighteen months to complete them. Most students fail to pass one or more of the four sections, but fortunately, the test can be taken multiple times.

Classes tax accountant students need to take include auditing, tax accounting, business law, finance, financial and cost accounting. Most states require more than the number of credits needed to complete a bachelor’s degree in order to pass their CPA exam, it’s highly recommended that students complete their master’s degree.

The Certified Public Accountant examination determines the degree of knowledge and skills you have in the field of accounting. It will measure your understanding of business law and its relation to taxes. It will access your business writing skills. It will test your abilities to use authoritative database software and electronic applications, such as spreadsheets and word processing.

How CPAs Chart a Course towards Tax Accountancy

With a CPA, you are qualified to join an entry level job as a tax accountant. You may have to start out working for a small business or local tax office while you gather the experience for joining a large firm.

Most CPAs are opening their own independent tax shops. With the availability of the Internet, they have at their disposal, instant messaging service, rapid informational avenues and an ability to extend their clientele beyond local parameters. Producers of accounting software recognize the value of the independent tax accountant, offering software that allows the CPA to file online based on number of files instead of an expensive licensing fee.

Some of the large, well-known tax consulting agencies have broken parts of their businesses into franchises. These franchises offer the opportunity for CPAs to run their own businesses while affiliated with the parent company, usually with a commitment of ten years. They are a small business opportunity, requiring a sense of entrepreneurship and a willingness to market yourself.

Expert tax accountants assure becoming your own boss isn’t too difficult, but it does take a certain amount of perseverance. They recommend gaining experience first by working for a larger firm. Initial investments for becoming an individual business are a stout computer, good tax software, a computer consultant and insurance. Before starting on your own, you will want to have money saved in advance to provide cash flow.

Searching Searching ...

Matching School Ads
3 Program(s) Found
  • There's still time to apply to Grand Canyon University and pursue your education. Learn more today!
  • Study on your schedule - GCU offers many programs 100% online to fit your busy lifestyle.
  • GCU offers a variety of opportunities to reduce the cost of furthering your education. Campus students may qualify for scholarships, while online students can take part in limited special offers.
  • A regionally accredited university, GCU also holds specialized accreditations and approvals for some of our core program offerings.
  • Degrees in business, education, nursing, humanities and social sciences, theology and more. Find the degree that fits you.
  • Talk to us today to learn more about financial aid and start dates!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right IT, Computer Science, Cybersecurity, Software and Application Development, Web Design or Technology Management Degree Program for YOU.
  • Affordable and Flexible Information Technology Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect IT/Computer Science Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Searching Searching ...

Matching School Ads
3 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Available business concentrations include Accounting, Economics, Marketing, and more.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!